|
WESTPAC (satellite)
Westpac Banking Corporation, also known as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1981 before being renamed to Westpac Banking Corporation in 1982. Westpac is one of Australia's Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2024 Westpac has 13 million customers worldwide, and employs around 35,000 people. In 2022 Westpac held the 53rd position in the "Top 1000 World Banks". History In 1982 Westpac Banking Corporation was formed by the merger of the Bank of New South Wales and the Commercial Bank of Australia. The new name, Westpac, was a portmanteau reflecting its mission of becoming a significant Western Pacific bank. The brand name incorporated the "W" that had been the logo of the Bank of New South Wales. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westpac Place
Westpac Place is a commercial skyscraper located in the north-western corridor of the Sydney central business district, Australia. The building is the bank's Australian headquarters. The building was built for the Westpac Office Trust, being included in the sale of the trust to Mirvac in 2010. In July 2014, Mirvac sold a 50% share in the building to Blackstone Real Estate Asia. Opening Westpac Place was officially opened by Prime Minister of Australia, Prime Minister John Howard on 4 August 2006, marking the completion of the project developed by CIMIC Group#Leighton Properties, Leighton Properties. Leighton Properties Architecture [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kiribati
Kiribati, officially the Republic of Kiribati, is an island country in the Micronesia subregion of Oceania in the central Pacific Ocean. Its permanent population is over 119,000 as of the 2020 census, and more than half live on Tarawa. The state comprises list of islands of Kiribati, 32 atolls and one remote raised coral atoll, raised coral island, Banaba. Its total land area is dispersed over of ocean. The islands' spread straddles the equator and the 180th meridian. The International Date Line goes around Kiribati and swings far to the east, almost reaching 150th meridian west, 150°W. This brings Kiribati's easternmost islands, the southern Line Islands south of Hawaii, into the same day as the Gilbert Islands and places them in the most advanced time zone on Earth: UTC+14:00, UTC+14. Kiribati gained its independence from the United Kingdom, becoming a sovereign state in 1979. The capital, South Tarawa, now the most populated area, consists of a number of islets, connect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gilbert And Ellice Islands
The Gilbert and Ellice Islands (GEIC as a colony) in the Pacific Ocean was part of the British Empire from 1892 to 1976. It was a British protectorate, protectorate from 1892 to 12 January 1916, and then a crown colony, colony until 1 January 1976, and was administered as part of the British Western Pacific Territories (BWPT) until it became independent as two separate states. The history of GEIC was mainly characterized by phosphate mining in Banaba and Nauru, phosphate mining on Ocean Island. In October 1975, these islands were divided by force of law into two separate colonies, and they became independent nations shortly thereafter: the Ellice Islands became Tuvalu in 1978, and the Gilbert Islands with Banaba (Ocean Island) became part of Kiribati in 1979. Location The Gilbert IslandsReilly Ridgell. ''Pacific Nations and Territories: The Islands of Micronesia, Melanesia, and Polynesia.'' 3rd. Ed. Honolulu: Bess Press, 1995. p. 95. sometimes also known as ''Kingsmill Islands' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western Pacific Ocean
The Pacific Ocean is the largest and deepest of Earth's five oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean, or, depending on the definition, to Antarctica in the south, and is bounded by the continents of Asia and Australia in the west and the Americas in the east. At in area (as defined with a southern Antarctic border), the Pacific Ocean is the largest division of the World Ocean and the hydrosphere and covers approximately 46% of Earth's water surface and about 32% of the planet's total surface area, larger than its entire land area ().Pacific Ocean . '' Britannica Concise.'' 2008: Encyclopædia Britannica, Inc. The centers of both the [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portmanteau
In linguistics, a blend—also known as a blend word, lexical blend, or portmanteau—is a word formed by combining the meanings, and parts of the sounds, of two or more words together.Garner's Modern American Usage p. 644. English examples include '' smog'', coined by blending ''smoke'' and ''fog'', and '''', from ''motor'' ('' motorist'') and ''hotel''. A blend is similar to a [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Four (banks)
The Big Four (or Big 4) is the colloquial name given to the four main banks in several countries where the banking industry is dominated by just four institutions and where the phrase has thus gained relevance. Some countries include more or fewer institutions in such rankings, leading to other names such as Big Three, Big Five, or Big Six. International use Internationally, the term "Big Four Banks" has traditionally referred to the following central banks: Australia In Australia, the "big four banks" refers to the four largest banks that have historically dominated Australia's banking industry in terms of market share, revenue, and total assets. The "big four banks" of Australia are: A longstanding policy of the federal government in Australia has been to maintain this status quo, called the four pillars policy. The policy has been maintained through the Global Recession of 2008–09, as Westpac acquired St George Bank and the Commonwealth Bank acquired Bankwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westpac
Westpac Banking Corporation, also known as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1981 before being renamed to Westpac Banking Corporation in 1982. Westpac is one of Australia's Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2024 Westpac has 13 million customers worldwide, and employs around 35,000 people. In 2022 Westpac held the 53rd position in the "Top 1000 World Banks". History In 1982 Westpac Banking Corporation was formed by the merger of the Bank of New South Wales and the Commercial Bank of Australia. The new name, Westpac, was a portmanteau reflecting its mission of becoming a significant Western Pacific bank. The brand name incorporated the "W" that had been the logo of the Bank of New South Wale ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Melbourne (2011)
The Bank of Melbourne is a financial institution operating in Victoria, Australia. A subsidiary of Westpac, it commenced operations on 25 July 2011. The Bank of Melbourne initially rebadged the Victorian business of St George Bank, another wholly owned subsidiary of Westpac, as part of a major local branding strategy. The customer-facing activities of the business operate independently of Westpac. Westpac has owned the Bank of Melbourne, and the rights to the brand, since its acquisition of the bank in 1997. History The RESI Statewide Building Society was granted a banking licence and established the Bank of Melbourne in July 1989, listing it on the Australian Securities Exchange on 13 July 1989. In November 1996, the bank acquired the Victorian business of Challenge Bank from Westpac. On 3 April 1997, Westpac made a $1.43 billion bid to acquire the Bank of Melbourne; on 29 September 1997, holders of 96% of the ordinary shares of the Bank of Melbourne voted to approve the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of South Australia
BankSA, formerly known as the Bank of South Australia, the State Bank of South Australia and the Savings Bank of South Australia is the largest bank in South Australia. It is a subsidiary of Westpac. History The Savings Bank of South Australia was established in the colony of South Australia on 11 March 1848 by sole employee John Hector.The first deposit comprised the life savings of an Afghan shepherd. The first premier of the colony, B. T. Finniss, was a trustee of the bank's inaugural board, and F. H. Robe, Lieutenant Governor of the colony, was president of the bank. The Savings Bank of South Australia later merged with the former State Bank of South Australia (established 1896), becoming the new State Bank, owned by the Government of South Australia, in 1984. The State Bank of South Australia was compartmentalised and bought by The Advance Bank due to deteriorating loan book and financial management. Prior to a bailout by the Government of South Australis, the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
